CFPB

CFPB Wants to Put Brakes on Illegal Repos
CFPB Wants to Put Brakes on Illegal Repos
February 28, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) issued a compliance bulletin Monday (Feb. 28) aimed at halting illegal car repossessions. The agency says its investigation revealed...

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CFPB Proposes New Algorithm-Based Home Valuation Guidelines
CFPB Proposes New Algorithm-Based Home Valuation Guidelines
February 23, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has proposed new outlines to make sure that the computer models used to help find home valuations are accurate...

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CFPB Warns Student Loan Servicers About Public Service Forgiveness
CFPB Warns Student Loan Servicers About Public Service Forgiveness
February 18, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has issued a bulletin warning student loan servicers that they could face sanctions if they mislead borrowers about loan...

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CFPB Makes It Easier for Public to Petition for Rule Changes
CFPB Makes It Easier for Public to Petition for Rule Changes
February 16, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is making it easier to talk with the agency about rule changes, as the public can now submit petitions to...

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CFPB Acts to Guard Gov’t Benefits from Card Companies
CFPB Acts to Guard Gov’t Benefits from Card Companies
February 15, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) says it is taking action to keep prepaid card providers from illegally taking money from people receiving benefits from...

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CFPB’s Fight Against ‘Junk Fees’ May Need Further Explanation
CFPB’s Fight Against ‘Junk Fees’ May Need Further Explanation
February 14, 2022  |  CFPB

Consumer Finance Protection Bureau (CFPB) Director Rohit Chopra made clear his intentions to crack down on “junk fees” charged by financial institutions (FIs) again last...

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TD Bank Revamps Overdraft Fees, Gives 24-Hour Grace Period
TD Bank Revamps Overdraft Fees, Gives 24-Hour Grace Period
February 01, 2022  |  Banking

TD Bank has been redoing its overdraft fee policies, the CBC reported Tuesday (Feb. 1), and customers will be able to now overdraw their accounts...

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Regulators Walk Fine Line Between Protecting Consumers, Stifling FinTech Innovation
Regulators Walk Fine Line Between Protecting Consumers, Stifling FinTech Innovation
February 01, 2022  |  Regulation

The regulators sharpen their gaze, the legislators sharpen their pencils and bang the gavels — and Big Tech, banks and FinTechs are in the crosshairs,...

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Crypto Critic Joins CFPB
Crypto Critic Joins CFPB
January 27, 2022  |  Cryptocurrency

A well-known skeptic of cryptocurrencies is joining the Consumer Financial Protection Bureau, which could signal more federal oversight in the future of the digital coins....

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